Forex Brokers

Parker Stanford

1.6 (10 reviews)
🇦🇺 Australia
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1.6
10 reviews
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About Parker Stanford

Parker Stanford has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: (44) 207 900 2666, fax (44) 207 900 2215

Addresses: 24th Floor One Canada Place Canary Wharf London E14 5DY UK This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.parkerstandford.com.

Customer Reviews

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System failures and silence from support

L
Leah Y.
3 weeks ago

I signed up with Parker Stanford after comparing multiple platforms and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Social trading features|Reliable uptime|Quick verification|Multiple order types

Cons: No live chat on mobile|Help articles are sometimes vague

False advertising at its finest

G
Graham N.
2 months ago

The reporting at Parker Stanford is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Good mobile app|Wide product range

Cons: Currency conversion fee exists

Paper trading not available

Z
Zoe W.
2 months ago

Parker Stanford offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Social trading features|Multi-currency support

Cons: Desktop app not available on Linux

Trading execution is suspicious

J
James Y.
3 months ago

Opened my account with Parker Stanford when my bank disappointed me and I searched for alternatives and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Clear documentation|Professional team|Transparent fees

Cons: Withdrawal takes 1-2 business days

Unacceptable level of service

N
Natalie I.
3 months ago

The mobile app from Parker Stanford is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Great customer service|API access

Cons: Help articles are sometimes vague|No live chat on mobile

Platform manipulated during volatility

A
Anna Y.
3 months ago

I experienced a security concern with my Parker Stanford account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Demo account available|Clean UI|Copy trading available

Cons: Limited demo account features

Stop loss not honored

C
Courtney M.
4 months ago

I closed a profitable position at Parker Stanford and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: API access|Social trading features|Two-factor authentication|Smooth onboarding

Cons: Spreads widen during volatile periods|Email notifications too frequent

No sub-accounts

O
Owen D.
4 months ago

I referred a friend to Parker Stanford through my accountant's suggestion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Dedicated account manager|Excellent charting

Cons: Alert system is basic

I cannot say a single positive thing

J
Jennifer H.
6 months ago

Parker Stanford seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Social trading features|Automated trading options

Cons: Account statements could be more detailed

Conversion fees hidden

W
Wyatt Z.
9 months ago

I have been trying to close my account with Parker Stanford for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Economic calendar|Multiple order types|Social trading features|Dedicated account manager

Cons: Limited demo account features|Cannot customize dashboard fully